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1934 when fdr got to work it started to turn up. but if you look at the greek economy, you see its basically flat lined down here. and so they have been living in a situation much like our great depression for the last several years. >> unemployment among young workers, 50%. 50%. >> lets turn to unemployment for a second. unemployment is also worse in greece than it was in the great depression. just by a little bit. i think that is 25% in the u.s. its 25.5% for all workers. to your moinlt much m...

Six months. >> drinking or what? in what room? >> seriously. >> what room? >> in the negotiations. >> that doesnt change what theyve been doing for 20 years. >> im trying toexplain. >> what theyve been doing for 20 years. >> im trying to explain what you have to do in a situation like this and what you have to do is have strong reforms for sure and you have to recognize that when youre broke, you just cannot crush the -- >> im with you, there jeffrey. but they wouldnt give the strong reforms in ...

They have the banks out of this in the last restructure. >> foifrt time a poll in germany has shown a very small majority of germans saying they would be happy to see greece leave the euro zone. >> i think this is just another part of the negotiations. >> so how does this end, jeffrey? does it end with greek in the euro zone or out? >> its up to angela merkel. it really s its unclear at this moment. the banking sector has collapsed. if there isnt some kind of relief the next couple days greece w...

So we were talking with jeffrey sachs. he had to leave. >> not in a huff. >> he actually said i was right. jeffrey and i think a deal has to be made. one way or the other, its ugly but a deal has to be made. a lot of skepticism around the table here that a deal is actually going to be made. >> i think steve is a skeptic. steve, do you think the eu really loses anything if greece leaves? doesnt greece have a lot more to lose than the euro zone? >> yeah that, is exactly the point. i think what the...